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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Saint Simons Island at 600 Shore Edge Trce, Saint Simons Island, GA, 31522 at $1,300,000 posts ROI 12.31% with from $5,084/mo rent. Total monthly income equals $5,084/mo. Return on cash invested measures 12.31% and rental yield reads 4.69% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 61.87% and total cumulative return in cash totals $260,583. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,084/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31522, Saint Simons Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 6,783 (55.2%) |
| Renter Occupied HU | 1,468 (12.0%) |
| Vacant Housing Units | 4,029 (32.8%) |
| Median Home Value | $607,719 |
| Average Home Value | $700,965 |
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $1,300,000 |
| 2021-06-07 | Sold | $610,000 |
| 2021-05-04 | Pending sale | $689,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $5608.93 | -1.97% | $223,160 | N/A |
| 2022-04-16 | $5721.63 | 14.74% | $223,160 | 15.63% |
| 2021-04-16 | $4986.64 | N/A | $193,000 | N/A |
Listed by: Mary Douthit • Engel & Volkers Golden Isles
Mls Name: GIAOR
Mls ID: #1653138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
